Mazor Robotics Enters a New Era (Motley Fool)
A game-changing deal with Medtronic leads to record quarterly results.
Mazor Robotics a robotic surgery company focused on spine and brain procedures, reported its third-quarter results on Tuesday, Nov. 7. Revenue more than doubled, margins expanded, and net loss shrank. When adding in the company's transformative deal with Medtronic it was truly a quarter for the record books.
Mazor Robotics Q3 results: The raw numbers
Metric
Q3 2017
Q3 2016
Year-Over-Year Change
Revenue
$17.2 million
$7.6 million
126%
Net loss
($3.7 million)
($5.2 mil...
